Ways to Fund Your Business: Launch a crowdfunding campaign

Explore a modern way to fund your business in crowdfunding Crowdfunding is a newer form of funding that puts some excitement into raising money for new products and/or business ideas. This kind of lending allows for the account creator to gain funds by asking for the support of family, friends, and fans. Websites like Kickstarter.com and

READ MORE

Ways to fund your business: Apply for a loan

When and how to use a small business loan to grow your business The bank is the first place many small business owners go for startup capital or a line of credit to grow their business. Before you pursue an online loan or launch a crowdfunding campaign, talk to your personal banker to learn what

READ MORE

Where will I get the money to start or grow my business?

4 sources of business funding for entrepreneurs Picture this! You’ve been working night and day on an amazing business idea. You have all the details worked out from the products and services to the marketing and pricing strategy, you even have customers who are ready to buy. There’s just one last item to check off

READ MORE
6 tax tips for small business owners

6 Small Business Tips for Tax Season

Helpful hints for business owners to lessen the stress of filing taxes. With the deadline to file taxes fast approaching, we asked one of our Business Advisory Services Consultants, Phylicia Moye, to share some tax tips for small business owners. Throughout the year, I help our loan clients navigate tough decisions and work with them

READ MORE

How to buy an existing business in 8 steps

Want to buy an existing business? Here’s what you need to know. BY KEY DAWSON, SENIOR BUSINESS ADVISOR, BUSINESS DEVELOPMENT. KEY OFFERS A WEALTH OF ENTREPRENEURSHIP EXPERIENCE AND OPERATIONS EXPERTISE. AS AN ENTREPRENEUR AND BUSINESS OWNER, KEY HAS SUCCESSFULLY PURCHASED AND SOLD A NUMBER OF BUSINESSES. Buying an existing business has many advantages over starting

READ MORE
5 Things to know before you apply for that online business loan

Guide to Online Business Loans: Easy Does Not Equal Cheap

Funding Your Small Business Online Is Easy, But Comes With Risk In 2008, the Great Recession caused many banks and financial institutions to tighten their credit standards. As a result, a new breed of online lenders seized the opportunity to assist small businesses and new business owners with their credit needs, and often at a

READ MORE
Choosing A Business Structure

4 Most Common Business Legal Structures

What Legal Structure Is Best for Your Business? One of the first decisions you’ll need to make when you start a business is to determine the correct legal structure for your company. But how do you decide which business legal structure is right for your company? You will need professional legal guidance to make this

READ MORE
11 steps to start a business in TN or AL

Want to Start Your Own Business?

How to start a business in Tennessee or Alabama Whether you dream of working for yourself or building a lasting legacy for your family, starting your own business is a major decision involving important financial planning and legal decisions. In this article, we’ll take you through 11 steps to start a business in Tennessee or Alabama.

READ MORE
business tip 10: commit to the long-term vision

Business Tip No. 10: Commit to a Long-Term Vision

Entrepreneurs are classic risk-takers. But one risk they cannot afford is rushing into business without establishing a long-term vision. Many well-intentioned entrepreneurs launch an innovative business based on their passion, only to find themselves unable to turn that passion into a sustainably profitable business. Lay a strong foundation for a new business by building and

READ MORE
coachability graphic

The Sixth C of Credit

Why coachability is important when you apply for a loan or line of credit. Ask any business lender about “the 5 C’s” and chances are they can name them all. We recently published a full blog post about the five C’s of credit that you can read right here, but just to review, those five

READ MORE